Duyuru • May 22
Amica S.A. announces Annual dividend, payable on July 16, 2026 Amica S.A. announced Annual dividend of PLN 2.5000 per share payable on July 16, 2026, ex-date on July 07, 2026 and record date on July 08, 2026. Duyuru • Nov 15
Amica S.A. to Report Q3, 2025 Results on Nov 21, 2025 Amica S.A. announced that they will report Q3, 2025 results on Nov 21, 2025 Duyuru • Aug 21
Amica S.A. to Report First Half, 2025 Results on Sep 19, 2025 Amica S.A. announced that they will report first half, 2025 results on Sep 19, 2025 Duyuru • May 19
Amica S.A., Annual General Meeting, Jun 11, 2025 Amica S.A., Annual General Meeting, Jun 11, 2025. Duyuru • May 17
Amica S.A. announces Annual dividend, payable on June 27, 2025 Amica S.A. announced Annual dividend of PLN 2.0000 per share payable on June 27, 2025, ex-date on June 17, 2025 and record date on June 19, 2025. Reported Earnings • Sep 29
Second quarter 2024 earnings released: zł0.56 loss per share (vs zł0.48 loss in 2Q 2023) Second quarter 2024 results: zł0.56 loss per share (further deteriorated from zł0.48 loss in 2Q 2023). Revenue: zł617.2m (down 14% from 2Q 2023). Net loss: zł4.30m (loss widened 19% from 2Q 2023). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Jun 10
Upcoming dividend of zł2.50 per share Eligible shareholders must have bought the stock before 17 June 2024. Payment date: 25 June 2024. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.0%). Reported Earnings • May 27
First quarter 2024 earnings released First quarter 2024 results: Revenue: zł628.4m (down 12% from 1Q 2023). Net income: zł3.10m (up zł4.00m from 1Q 2023). Profit margin: 0.5% (up from net loss in 1Q 2023). The move to profitability was driven by lower expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. New Risk • May 26
New major risk - Revenue and earnings growth Earnings have declined by 37% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Duyuru • May 18
Amica S.A., Annual General Meeting, Jun 11, 2024 Amica S.A., Annual General Meeting, Jun 11, 2024. Reported Earnings • Apr 05
Full year 2023 earnings released: zł0.63 loss per share (vs zł1.06 loss in FY 2022) Full year 2023 results: zł0.63 loss per share (improved from zł1.06 loss in FY 2022). Revenue: zł2.84b (down 17% from FY 2022). Net loss: zł4.80m (loss narrowed 41% from FY 2022). Revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 27
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: zł691.2m (down 18% from 3Q 2022). Net income: zł2.20m (up zł10.0m from 3Q 2022). Profit margin: 0.3% (up from net loss in 3Q 2022). The move to profitability was driven by lower expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Consumer Durables industry in Germany. Reported Earnings • Sep 18
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: zł715.6m (down 10% from 2Q 2022). Net loss: zł3.60m (loss narrowed 50% from 2Q 2022). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Consumer Durables industry in Germany. Buying Opportunity • Jun 07
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 1.1%. The fair value is estimated to be €22.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last year. Earnings per share has declined by 26%. Duyuru • Jun 04
Amica S.A., Annual General Meeting, Jun 27, 2023 Amica S.A., Annual General Meeting, Jun 27, 2023, at 11:30 Central European Standard Time. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment improved over the past week After last week's 15% share price gain to €17.60, the stock trades at a forward P/E ratio of 806x. Average forward P/E is 9x in the Consumer Durables industry in Germany. Total loss to shareholders of 26% over the past year. Reported Earnings • Sep 18
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: zł795.7m (up 2.9% from 2Q 2021). Net loss: zł7.20m (down 134% from profit in 2Q 2021). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Consumer Durables industry in Germany. Duyuru • Sep 09
Amica S.A. to Report First Half, 2022 Results on Sep 16, 2022 Amica S.A. announced that they will report first half, 2022 results on Sep 16, 2022 Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment improved over the past week After last week's 15% share price gain to €16.28, the stock trades at a trailing P/E ratio of 7.3x. Average forward P/E is 9x in the Consumer Durables industry in Germany. Total loss to shareholders of 56% over the past year. Upcoming Dividend • Jun 29
Upcoming dividend of zł3.50 per share Eligible shareholders must have bought the stock before 06 July 2022. Payment date: 15 July 2022. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 4.8%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (3.3%). Duyuru • Jun 07
Amica S.A., Annual General Meeting, Jun 29, 2022 Amica S.A., Annual General Meeting, Jun 29, 2022, at 11:30 Central European Standard Time. Reported Earnings • May 31
First quarter 2022 earnings released First quarter 2022 results: Revenue: zł844.0m (up 5.9% from 1Q 2021). Net income: zł3.10m (down 91% from 1Q 2021). Profit margin: 0.4% (down from 4.3% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 1.4% compared to a 5.4% growth forecast for the industry in Germany. Reported Earnings • Apr 02
Full year 2021 earnings released: EPS: zł14.64 (vs zł19.89 in FY 2020) Full year 2021 results: EPS: zł14.64 (down from zł19.89 in FY 2020). Revenue: zł3.43b (up 12% from FY 2020). Net income: zł111.7m (down 26% from FY 2020). Profit margin: 3.3% (down from 4.9% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 1.9% compared to a 7.7% growth forecast for the industry in Germany. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €16.90, the stock trades at a trailing P/E ratio of 5.1x. Average forward P/E is 11x in the Consumer Durables industry in Germany. Total loss to shareholders of 45% over the past year. Reported Earnings • Nov 28
Third quarter 2021 earnings: Revenues exceed analyst expectations Third quarter 2021 results: Revenue: zł851.3m (down 1.9% from 3Q 2020). Net income: zł23.2m (down 63% from 3Q 2020). Profit margin: 2.7% (down from 7.2% in 3Q 2020). The decrease in margin was primarily driven by higher expenses. Revenue exceeded analyst estimates by 7.9%. Over the next year, revenue is forecast to stay flat compared to a 4.0% growth forecast for the industry in Germany. Reported Earnings • Sep 18
Second quarter 2021 earnings released The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: zł773.0m (up 30% from 2Q 2020). Net income: zł21.1m (down 9.4% from 2Q 2020). Profit margin: 2.7% (down from 3.9% in 2Q 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Jun 02
First quarter 2021 earnings released: EPS zł4.53 (vs zł2.17 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: zł797.1m (up 19% from 1Q 2020). Net income: zł34.3m (up 110% from 1Q 2020). Profit margin: 4.3% (up from 2.4% in 1Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Apr 02
Full year 2020 earnings released The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: zł3.07b (up 1.5% from FY 2019). Net income: zł150.6m (up 38% from FY 2019). Profit margin: 4.9% (up from 3.6% in FY 2019).